FA487724D0010 - FY24 CRANE AND HOIST INSPECTION AND REPAIR SERVICE...
Federal Contract Award Search » IDC Award
This IDC contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2024 on Mar 28, 2024 to ORBIT INDUSTRIAL SERVICE & MAINTENANCE LLC by 355th Civil Engineer Squadron. There have been $105.7k in obligations to date with a ceiling value of $250k, showing a 42% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of Apr 29, 2029.
ORBIT INDUSTRIAL SERVICE & MAINTENANCE LLC is a contractor located in AZ, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Army. The company receives $375.9k annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- FA487724D0010
- Contractor
- ORBIT INDUSTRIAL SERVICE & MAINTENANCE, LLC
- Obligations to Date
- $105.7k
- Ceiling Value
- $250k
- Award Date
- 03/28/2024
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Air Force»Air Combat Command»15th Air Force»355th Wing»355th Mission Support Group»355th Civil Engineer Squadron
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA487724F0114 | ORBIT INDUSTRIAL SERVICE & MAINTENANCE, LLC | $10.3k | 03/28/2024 |
| FA487724F0138 | ORBIT INDUSTRIAL SERVICE & MAINTENANCE, LLC | $7.4k | 06/04/2024 |
